Growth in France is expected to reach 6.7% in 2021, its highest rate in over fifty years, said Wednesday on RTL the Governor of the Banque de France, François Villeroy de Galhau. The central bank had been forecasting growth of 6.3% since September, while then raising the possibility that it would rather be around 6.75%.
This last figure “Is not a forecast, it’s just a calculation in relation to what has been learned” previous quarters, explained the director general of the institution, Olivier Garnier, on November 8.
The 6.7% figure “Is much higher than what we expected in the first half of the year”said François Villeroy de Galhau, adding that the Banque de France would deliver its full forecasts for 2021 and the years to come on December 20.
According to the latest economic report from the Banque de France, published Tuesday evening, activity in the country has returned to its pre-crisis level since August, and should stand in December at 0.75 points. percentage above this level.